MUST WATCH: Why Trump’s Tax Plan Is Dead On Arrival
The stock market has priced in President Trump's "Phenomenal" tax plan. To say the least. Should Mr. Trump fail to deliver.....there will be blood.
Now, no one understands the inter workings of the US Government from an Economic/financial legislative process better than David Stockman. So, when he is telling you that there is no snowball's chance in hell of Trump's plan succeeding, you better listen. Here is a quick soundbite.
“I am seeing reality, the machines [on Wall Street] are simply trading on sound bites, tweets and hourly sentiments. This is meaningless and the biggest suckers rally in history. There is going to be a huge surprise very soon.”
This interview is a must watch.